435 S GULFSTREAM AVENUE, #1103, Sarasota, FL, 34236 | $875,000

*The best Priced Penthouse with Direct Bayfront View *Rare Opportunity to own a Downtown Sarasota Penthouse for under 1 million with Stunning, breathtaking full-bay views, two bedrooms/two baths, and a luxurious condo with a spacious great room floor plan. Natural light is throughout, and beautiful harbor views overlook the Bayfront, Marina Jack, and Big Pass to the Gulf of Mexico. Enjoy nightly sunsets. Wood flooring flows throughout all the rooms. Designer kitchen with stainless steel appliances, classic rich wood cabinets, luxurious granite countertops, cooktop, and wall oven- a chef's delight. A designed electric fireplace and a large primary bedroom suite entice you to enjoy tranquil water views of the bay, including the Ringling Bridge. Gorgeous bathrooms. New washer and dryer. Additional storage closets are available for your convenience. PLEASE NOTE: Older condos are experiencing BUYERS' concerns about the maintenance costs of aging buildings. However, it's important to note that this building has undergone a thorough inspection and maintains reasonable reserves, making it a solid investment opportunity.
Experience maintenance-free living with 24-hour concierge service, a heated pool, a club room, an exercise room, and a library. Enjoy the rich cultural amenities of our fabulous town: fine dining, galleries, shops, opera, theatre, Whole Foods, and Selby Gardens. Prime location with the marina across the street and just minutes over the bridge to St. Armand's world-famous shopping. It is a short drive to Siesta Key and Lido beaches. The Selby Gardens is within a short distance. Restaurants are nearby. Walk to Palm Avenue, visit famous art galleries and great restaurants, and enjoy one of the best Sarasota areas to work and live in.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Security
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 1.19
  • Laundry: Inside, Laundry Room
  • Complex: REGENCY HOUSE
  • Year Built: 1972
  • Approx Sq. Feet: 1,424
  • Acreage: 1.19
  • Est. Taxes: $8,370
  • Condo Fee: $4,179 Quarterly
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: A4641820
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/A4641820/435sgulfstreamavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/6/2025 5:17:58 AM)
Listing courtesy of Dalton Wade Inc   Phone: 888-668-8283

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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435 S GULFSTREAM AVENUE, #1103, Sarasota, FL, 34236

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.739% 6.560%
Monthly Tax Payment $698 $698 $698
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,482 $6,050
Total Monthly Payment $5,043 $5,272 $6,840

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.